Replay of the NACO Roundtable on Canadian Angel Activity
Good morning everyone. Welcome to today's Roundtable on Canadian Angel Activity. I'm Claudio Rojas, CEO of NACO and I will be your host for today's discussion. Thank you all for making the time to join us.
Entrepreneurs are under severe pressure.
COVID-19 has unleashed a combined health pandemic and economic crisis. The necessary shutdown to stop the spread of the virus has impacted company operations, dried up revenue, and the need for access to capital has never been greater. Today is the first in a series of conversations, Roundtables on stimulating angel activity, supporting the innovation ecosystem, and ensuring that entrepreneurs have sufficient access to capital to survive the economic effects of the crisis.
Entrepreneurs, many of whom have put everything on the line, are struggling to stay solvent, cutting expenses, and laying off workers. The future has never. Then more uncertain. Government officials are working tirelessly to keep the economy functioning while instituting necessary measures to protect Canadians.
Today's Roundtable includes global, national, and regional leaders from across the early stage capital ecosystem. We have over 350 listeners. We're going to move rapidly, taking stock of the current state of angel activity and gathering insights on policy responses to sustain the future of Canada's innovation economy.
Bringing a policy perspective to this discussion are Senator Colin Deacon and Professor Thomas Hellmann.
Colin Deacon, Senator in the Parliament of Canada from Halifax, Nova Scotia is an innovative thinker who spent his career turning ideas into products and services prior to joining the Canadian Senate.
Dr. Thomas Hellmann is the DP World Professor of Entrepreneurship and Innovation at Saïd Business School at the University of Oxford. He has been an advisor consultant to the World Economic Forum, Barclays Bank, the Government of British Columbia, and numerous startup companies. His case studies on entrepreneurial companies and venture financing bring a unique perspective on policy issues and potential response.
Originally Recorded on April 2, 2020. Click here to join future roundtables.